Bitcoin / Tether
Aggiornato

Bitcoin may only drop to 25.6k before 35.5k

143
I've been looking at fractals from recent years, and if you look at the different coloured boxes you can see a lot of similarities.

Essentially, price has a tendancy to fall under the Preliminary Support of the previous year's bull run, and rise back up again before falling again.

We can see a 6.618 impulse down at 25629.96 on Coinbase. 6.616 impulses have been working a lot recently:

istantanea

Wherever price goes, I'm expecting a fake rally to 35.5k nonetheless, as it was 2022's previous supply area which may again get retested.

istantanea
Nota
Here is your 25.6k level.. looks perfect
istantanea

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